4 years of fraud: How a Mumbai-based elderly couple allegedly lost Rs 35 crore in trading scam without knowing

  • Posted on November 28, 2025
  • By Business News Today
  • 1 Views
4 years of fraud: How a Mumbai-based elderly couple allegedly lost Rs 35 crore in trading scam without knowing

A 72-year-old Mumbai resident, Bharat Harakchand Shah, has filed a police complaint after discovering that his inherited equity portfolio—long believed to be growing—had allegedly been mismanaged, leading to a sudden demand for ₹35 crore. The case is now under investigation by Mumbai Polices Economic Offences Wing, with an FIR filed against Globe Capital.
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